2-bedroom flat · ME15 6YU
For saleListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and well-presented two-bedroom second-floor apartment, ideally positioned at Wrens Cross on Upper Stone Street, within easy reach of Maidstone town centre, local amenities and excellent transport connections.
Offering generous accommodation, allocated parking and a number of useful upgrades, the property provides a comfortable and convenient modern home.
At the heart of the apartment is the impressive open-plan living and dining area, offering plenty of room for both comfortable seating and a dining table, making it an excellent space for everyday living and entertaining.
Large windows provide plenty of natural light and create a bright and welcoming feel.
The adjoining kitchen is thoughtfully arranged with a good range of storage cupboards and worktop space, together with integrated appliances.
There are two generously proportioned bedrooms, providing flexibility for couples, families, guests or those requiring a home office.
These are complemented by a modern bathroom, while a particularly useful large hallway storage cupboard provides valuable additional storage.
The apartment also benefits from a high-specification Vent-Axia Mechanical Ventilation with Heat Recovery (mvhr) system, helping to provide a continuous supply of fresh, filtered air while improving energy efficiency.
Solar-performance window film has also been fitted to all windows to help reduce solar heat gain during warmer weather. Externally, the property benefits from an allocated parking space.
The building has lift access, with an accessible parking bay conveniently positioned adjacent to the lift.
Location Wrens Cross is conveniently situated on Upper Stone Street, providing straightforward access to Maidstone town centre and its extensive range of shops, restaurants, cafés and leisure facilities.
Maidstone is well connected for commuters, with rail services available from the town's stations, while the surrounding road network provides convenient links to the wider Kent area and beyond.
Combining generous internal accommodation, allocated parking, lift access and a convenient location close to the heart of Maidstone, this attractive apartment is well worth viewing.
Please note – external improvement works: There is currently scaffolding around the apartment building while external improvement works are undertaken.
The works are scheduled to be fully completed during October 2026, including removal of the scaffolding.
The Housing Association is covering the cost of these works in full, with no cost to the owner/occupier.
We have also been advised that the works will not result in any increase to the property's service charge.
Please note that the price reflects a 30% share in the property (full market value of £230,000).
The rent payable is £544.52 The service charge is £130.10 per month The lease remaining is 119 years More information about applying for Shared Ownership: Income Requirement: Total household income must be less than £80,000 a year outside London Property Status: You must be a first-time buyer, a former homeowner who cannot afford to buy on the open market, or an existing shared owner looking to move.
Existing Homeowners: If you currently own a home, you must have formally accepted an offer for the sale of your current home (sold subject to contract) and complete that sale before buying a new shared ownership home.
Affordability: You must be unable to buy a home suitable for your needs on the open market. Buyers will be assessed for affordability.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Wrens Cross (SO), 48, Maidstone
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